Nassau County IDA

Welcome back: Here we are, dear readers, back on the beat as Summer 2019 heats up and we hustle through another busy week of socioeconomic innovation on Long Island and around the world. It’s July 10 out there – both National Kitten Day and National Piña Colada Day, an undeniably sweet combination. Ssshhh: To our readers who are also devout followers of 20th century Indian avatar Meher Baba – who famously kept his mouth…

Don’t know how you do it: But you do it, dear reader, and once more you’ve cleared the hurdles of a busy workweek and earned another springtime respite. Well played. Let freedom ring: It’s June 14 out there, and to our many readers in Malawi, a very happy (and similarly well-earned) Freedom Day. Here in the States, June 14 is quite the patriotic date also, bringing both Flag Day – commemorating the 1777 adoption…

Welcome to Wednesday: And a happy midweek to you, dear reader, as we speed through another exciting (and blessedly abbreviated) week of socioeconomic innovation. Hard to believe, with Memorial Day over and summer unofficially started and all, but it’s still May out there. May 29, to be exact, and if you had Roman Emperor Julian defeating the Sasanian Army in the Battle of Ctesiphon on this date in 363 A.D., you’ve won 100 gold…

Cold open: Beware the Ides of March, dear reader – oh, wait, it’s the Ides of May. It only feels like March. But it’s actually May 15 out there, midpoint of the month, two-thirds of the way through spring and halfway home in this latest (chilly) week of socioeconomic innovation. For the record, as of Tuesday afternoon, the Weather Channel was forecasting that high temperatures on Long Island wouldn’t exceed 70 degrees until the…

Couldn’t have said it better: You’ve done it, intrepid reader – the end of another busy workweek is nigh and another autumn weekend looms. To set the mood, please enjoy 81 famous, semi-famous and not-famous-just-awesome Friday quotes. It’s Oct. 19 out there, marking the 2,220th anniversary (give or take) of the Second Punic War’s pivotal Battle of Zama, which was fought on this date (or thereabouts) in the year 202 BC (they think). Whenever…

By GREGORY ZELLER // An Oceanside site ravaged by Superstorm Sandy will soon be remade into a new rental-apartment complex, with the help of the Nassau County Industrial Development Agency. The Nassau IDA has approved a tax-reducing economic-incentives package that will help The Feil Organization, a New York City-based development-management firm, rebuild the dilapidated site into a 230-unit, transit-oriented rental complex. The development agency first approved the tax-abatement deal in September and issued its final…

You’ve done it again: Welcome to Friday, dear reader, and the end of another week of socioeconomic innovation. That’s a lot of Peeps: It’s a holiday weekend, of course, the holiest of Christian holy days and another surefire bonanza for retailers. According to our buddies at Statistic Brain, Americans spend more than $14.6 billion on Easter-related goods each year, including $2.1 billion on Easter candy alone. By the way, although it’s smack-dab in the middle…

A New York City-based tech firm will relocate to Port Washington, bringing 163 existing jobs and creating 255 more. Lured by an economic-development incentives package from the Nassau County Industrial Development Agency, Agilant Solutions Inc. – formerly known as ASI System Integration Inc. – plans to move its national headquarters from Manhattan to a 72,500-square-foot Seaview Boulevard warehouse and office building owned by Port Washington-based cosmetics company Ivy Enterprises. In addition to relocating and/or creating…

Software maker Dealertrack has unofficially opened its new $100 million corporate headquarters. The developer of software solutions for the automotive retail market won’t actually move in employees until early July, but Dealertrack marked the opening of the LEED-specified, 230,000-square-foot North Hills facility on Wednesday. The new headquarters will house nearly 600 employees, the company said, with plans to add as many as 350 more. And that growth will happen exclusively on Long Island, with company…

By GREGORY ZELLER // A “Shark Tank” success story that’s rewriting point-of-purchase logistics is coming home to Long Island. Brainstormed and birthed in Bethpage, Vengo – a wall-hugging dispenser packed with products and patents – is already redefining “vending machine” in hundreds of university corridors, health clubs and hotel lobbies. Now, Long Island City-based Vengo Labs LLC is narrowing its search for a Long Island home, and expects to announce a move soon. It will…